Ripple (XRP) coin is a hyped, loved, revile and essential blue chip cryptocurrency. XRP is currently head to head with Ethereum, and with more news coming out daily, is becoming the face of cryptocurrency as an investment. The XRP reddit page is a testament to holder’s faith in this company, XRP coin and cryptocurrency in general.
Faster than BTC and backed by the Ripple Company with subsidiaries including Ripple Labs, XRP is a natural bridge between cryptocurrency and the financial industry.
I am bullish right now. XRP jumped from $0.28 to $0.59 and has pulled back 20% in 1-week, signaling a potential bullish pattern.
XRP is working with 3 financial companies and is going to challenge Swift at the Sibos company.
My only concerns with the coin are the 100 billion coin supply and the small number of holders of XRP that make up the majority of the coins.
XRP jumped from Q3 2017 to Q4 2017 from $0.2 to $3.5. When it moves, expect 10-20x gains. There is historical precedent for 18x movement in the coin by volume.